Cheap Apartments for Rent in the Medical District Austin, TX from $400 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Medical District area of Austin.

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property at 810 E 9th St

810 E 9th St

AustinTX78702

Medical District, Austin, TX Local Guide

Cheapest Available Medical District Apartments for Rent

 

The cheapest available apartment rental in the Medical District area of Austin, TX is a 1 Bed unit found at Lone Star Lofts priced from $1,000. Estates at East Riverside has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,060. Here are the most affordable Medical District apartments for rent in Austin, TX:

Apartment ListingModel NameBed/BathPriced From
Lone Star Lofts1BR/1.0BA1BR,1BA$1,000
Estates at East RiversideTwo Bedroom2BR,2BA$1,060
Residences at SaltilloE1 - SMARTStudio,1BA$1,102
Placemakr Downtown AustinS2Studio,1BA$1,124
Lakeshore PearlE1Studio,1BA$1,200

Best Value Apartments for Rent in Medical District, TX

As of October 03, 2025 the best value apartment in the Medical District area is the $2.17 price per square foot B3 Model at The Beverly at Medical Center in the in the Town Lake neighborhood starting from $2,815. The second greatest value Medical District apartment is the 3 bedroom 3 bathroom-C1 Model at Sterling starting at $1,199 with a $0.97 price per square foot in the Central East Austin neighborhood. Here is today’s list of the best values for Medical District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Beverly at Medical CenterB32BR,2.5BA$2.17
Sterling3 bedroom 3 bathroom-C13BR,3BA$0.97
Estates at East RiversideThree Bedroom3BR,3BA$1.27
Sabina2C-AMFI 1352BR,2BA$2.19
San Remo ApartmentsC3BR,2.5BA$1.68
Fifteen15 S Lamar ApartmentsA21BR,1BA$2.51
Eleven by WindsorA21BR,1BA$2.49
PlatformA21BR,1BA$2.37
MAA South LamarTraditional 1x1 601-637 SF1BR,1BA$2.52
Lone Star Lofts1BR/1.0BA1BR,1BA$1.81

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Medical District, Austin, TX

Ranked #49

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the Medical District Neighborhood in Austin, TX

Walk Score®

80 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

86 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

68 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Medical District Apartments

What is a cheap apartment in Medical District?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Medical District is under $1,438.

What is the price of a cheap apartment in Medical District?

The cheapest apartment in Medical District is Lone Star Lofts which is listed at $1,000, while the average apartment in Medical District costs $2,912.

What types of apartments are the cheapest in Medical District?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 43 regular apartments in Medical District that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Medical District?

Cheap apartments in Medical District have an average cost of $648 which is $2,264 cheaper than the average rent for all rentals in Medical District.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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The 10 Best Affordable Neighborhoods in Austin, TX

Written by: Raul Mercado

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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